3A, MAIN STREET, EMPINGHAM, OAKHAM, LE15 8PR - £875,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3A MAIN STREET is a large extended detached house of 242m², built sometime between 1983 and 1990. It was last sold for £875,000 in February 2020, which was around 106% above the average February 2020 detached price in the Rutland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

3A MAIN STREET Sold Prices

Land registry data shows three sales for 3A MAIN STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the three 3A MAIN STREET sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 13 FEB	£875,000	£425,550	106% above HPI
2018 2 AUG	£950,000	£402,294	136% above HPI
1997 7 OCT	£205,000	£113,042	81% above HPI

3A MAIN STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The three 3A MAIN STREET sales between October 1997 and February 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2018 sale was for 136% above the HPI. So the extrapolation line tracks at 136% above the HPI over time, until the February 2020 sale, where it falls to 106% above the HPI. The line then continues to track at 106% above the HPI.

How Large is 3A MAIN STREET?

3A MAIN STREET is 242m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 30% of detached houses in Empingham, based on EPC data. The below chart shows the distribution of detached houses by size in Empingham, and where 3A MAIN STREET lies on this distribution: 79% of detached houses are smaller than 3A MAIN STREET, and 21% of houses are larger. Note that EPC data is not available for all properties in Empingham.

3A MAIN STREET: Plot and Title Map

3A MAIN STREET sits on a plot of roughly 0.527 of an acre, or 2,134m². The below map shows the location of 3A MAIN STREET, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3A MAIN STREET). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3A MAIN STREET?

3A MAIN STREET is located in EMPINGHAM, in the LE15 postcode district. The below map shows the position of No. 3A on MAIN STREET.